Annual Secretarial Compliance not applicable to our Company.
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The Southern Gas Limited has informed the Bombay Stock Exchange that the Annual Secretarial Compliance Report under SEBI (LODR) Regulation 24A is not applicable to the company for the financial year ended 31 March 2025. The company has confirmed that its paid-up share capital is Rs. 22.50 Lakhs and its net worth is Rs. 2,437.88 Lakhs (around Rs. 24.38 Crores), both of which fall below the threshold limits prescribed under Regulation 15(2) of the SEBI (LODR) Regulations, 2015. Because of this, the company is exempt from submitting the Annual Secretarial Compliance Report. The letter was signed by Nirzara Kesarwani, Company Secretary & Compliance Officer.
This is a routine regulatory clarification and does not have a material impact on shareholders or the stock price. It simply confirms that the company qualifies for an exemption due to its small paid-up capital and net worth.